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Nissan Shatai Co., Ltd. ( (JP:7222) ) has issued an update.
Nissan Shatai Co., Ltd. announced its close operational ties with its parent company, Nissan Motor Co., Ltd., which holds a 50% voting stake. The company’s performance is heavily dependent on Nissan Motor’s sales trends, as nearly all of its output is sold to the parent company. Despite this dependency, the exchange of personnel and technology within the corporate group enhances Nissan Shatai’s management and operational efficiency.
More about Nissan Shatai Co., Ltd.
Nissan Shatai Co., Ltd. operates in the automotive industry, focusing on vehicle development and production. It primarily manufactures vehicles under contract for its parent company, Nissan Motor Co., Ltd., which accounts for the majority of its sales.
Average Trading Volume: 91,109
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen146.6B
For an in-depth examination of 7222 stock, go to TipRanks’ Overview page.